The Courier News from Blytheville, Arkansas · Page 50

Page 50 article text (OCR)

-PAGE SECTION F Capital Slock Has Been Increased From $10,000 in'08 to $150,000 In Ihe last quarter of the century of. progress which Arkansas is' celebrating this year the Farmers Dank and 7Vnst Co. has grown 'with Blythevillc and Mississippi county. Eslablished in 19D8 with a capital stock of.only. $10,000, its capital stock lodny is 5l50,COfl and It, has a certified surplus of $40,030 and undivided,profits of $«,COO. Conservatively managed, It was one of the few banks in Arkansas whjch weathered Ihe depression of the early thirties without subjecting deposits to any restrictions other than those Involved In the three-day ctasi.-v required ot all banks liy President Roosevelt shortly after his Inauguration In 1032. P. M. Carpenter was ' president of the bank when it first opened lls doors In 1008 In (he building now occupied by Herrick'.s Jewelry slore at the northwest corner of Main and Second streets. He served until January 30, 1914, wlion lie was succeeded by B. F. Guy anti the capital wns Increased 50 per cent^lroni 510,000 lo $15,000. la 1916 the capital was again increased, this time to $25,000, and the next year, as the war brought prosperity to (he cotton belt. It M'as boosted lo $50,000. Lynch, Wilson Acquire Control Will ryles was. elected president of the bank in March, 1910, when B. A. Lynch, the late H. E. Lee Wilson mid others acquired control. Tlie capital was immediately increased to SlOO.ooo and Mr. Lynch was elected president, n position he hns occupied ever since. The building now occupied by BLYTHEVILUG, (ARK.)' COURIER NEWS (Continued From 1'aee 1) silk, explosives, and celluloid arc other possibilities. "In recent years creameries and chees2 plants have been established throughout the South and some of Ihese have come lo Arkansas, As these provide steady income for the farmer, running into thousands of dollars daily, every effort should he nindr to increase the number of cows on-our farms In order to make further development possible. Tlierr lire fet.OOO cows and heifers kept for milk In Arkansas that produced, over 1,000,000,000 pounds of milk In 1034, but in Wisconsin the pro- drclion was qvcr 10,OQO#DO,OOI) pounds, The manufactured dairy products o: Wisconsin are worth twice the value of our cotton Throughout the country earii $1 ipent for (Iiiiry feed produced an average, return of'53.50. In Arkansas there are less ihnn 7,000,000 chickens, while lows IIPS nearly 32,- iOO.WO. Arkansas li«s 7-12,000 hojs, but lowu has over 6.000.000.. Tlmlier Offers Opportunities "It lias been predicted that In lime our forest crop will si'eatly cx-i cecd the value of cotton, and bs- cause of HID rapid growth of southern pine In this area, which lo- tlie pfocesj of manufacture, "Sometime ago wo sent out p questlonalr* to, newtptperj and business men asking what article} IJiey thought. could be profil-ibly >nanuf«clured In Arkansas. They suggested the following: Newsprint., ink, envelopes, gummed paper, carbon black, cotton, twine, work clothes, rayon, hosiery, underwear' overalls, drosses, muslins, other cotton goods, dyeing and walerproof- l"8, glassware, chliiaware, clay products, wooden toys, desks, chairs, furniture, brooms, brushes soybean flour, paint."!, varnlsho*. canned irulls and vegetables, cotton seed —..*. .vovvMMiie, uyttVM ftt^LU -.. products, candies and confec- l-ojiary, baseball and'golf equipment, cotton eood«, fancy sawed wood and paneling, and the development of lignite, phosphate, Kino, lead, and manganese ores, "That those resources can be developed, within our own state nnd by our own i*ople is Illustrated by Hie fact lliat only one per cent of he manufacturing establishment' In tho United Slates 'nave, over ! 00 employes, and over half of all employes work for companies with less than 250 on their payrolls he commission charge of Arkansas state cenle.mial cetcbraj. n. vl , ( vnca views on Ihe posslullilles gol |, or w|lh om , nnl , i'.idustrlal development In Ark- .heap power has attracted n nsas arc presented in -" ••"- ••• - •• • • m«vtu« companylng iirliclc. and (he trustees of his cslnle, At that, time HID capital stock, which iome time before • • • --,--.,- |........ .,u>, HKlltvMUX, JIAl/C lie- junk ( 0 t j,j s M^ t!] | s rl ,p Clll . s ell . tlroly possible. There Is a 200- ton Kraft paper mill at Cnmdcn creased lo $200,000, to 5160,000. been in> reduced ami u 100-lon ml!] under construction til Crossett. The mill nt Camden "nns already iillvactcd n plant tor Ihe manufacture of paper bags, ami the mill nl Crossett will round out the industries in that territory which already Include a chemical and finishing pjanl in addition to e uiiK now ommicrl bv > the bank nt Main nn? n^,i,vn B "" avc » 5 -*t«»t' cashiers. Mr ' '^ l Illylhcville Men on Hoard The directors of Ihe bank uro all IJI.vihevillp jni?n. They includo -•,,.» .,1,10,,u,y j/juuu m »uiuiiyfj tu Mr. Lynch, Dr. 1. R, Johnson, who : U'6 saw mill. T'rtc saw mills lit 1. vice-president, p. E. warren,. Crosseft, Warren, and other loea- Ctishler. Cecil Shane, J. L, Cherry i " ons l)! >vc demonstrated tin: wls and C. A. Richards, R. L. Danls- "'•"' " - - •• ter, Rlley B. Jones nnd Max Lo- c cted In 920 A tlree oom " ' ° f Gcmc counly . ls °" e of " 11 «"" lcr (to m of tv roforcstution program J vh , lcl l wtl1 Industries. „"*'»""«" «"" cnmo ' tlmbl!r lwvc " ccn house occupcd by ,,en rocs ws ° f G J cmc counly ^' s *'"> cnmo ' ml!r lwvc " ccn ' razed to make wav foi-T' Thn ln lhc cH - v mA mi " lc 6"ocl. A nn- i « lir I'fcscnt Mniu|i» ' our timber of virgin doplelcd, mcd'to'maic" wav foTT" Thnl ln lnc CH - V RnA m!Kle <5"ocl. A "n- i om ' present Miunfe nnd future buuSw IMfeclL Mfli ' ,i™?' tlvo cr ^rasoulit. he came lo S™wt a indicate tlmt the produe- and HO'on Biondwnv b«Hoe i,™ Bl5 ' tlll!vme in lm I1H " bookkccp- tlon °f lumbar in Arkansas Is like- viding spacious quarters for the , !w " 1C , Bcl ' llE Stm ' e °°" whlcl> ,1 1 °, "T" 50 " lul to make |J05slblc bank^ hUes th^ ^ *? £ »«- , £• ,-^ ( « j ^^'^C^ "" W °°"- ofllces of thrSn^fS I TS'ln^ ml^cc^ »Sl %£&?,$$?£& [This partnership lasted nnfl) 1925 1"B markets, the furniture Indus- when Ihe Farmers Bank and '''V '" Arkansas should grow tc Pcereom P nv »nfl nu'mter oi other stores Sid •offices JIVIW IUIU UlUCei. . The capital stock of the bank at present Is almost entirely In the hands of Blytncvlllc men/Lnst fall Mr. Lynch nnd other stock- wen o Farmers Bank and V ransas should grow tc Trust, Co., of which Air, Lynch lmin >' llnlcs "s present size. There ' "Ji. v,u., ui Mnicii i\jr, ijyncii "•••*•) w,uito u^ pitauni- size, mere is then president, purchased the nre possibilities in the production [ency's business, which 11 has of olilei ' woofl products such a; 11™ conducted n.s its Insuranco Poflfblo liouscs, wagons, toys of whlcli W. J. rol- wooden freight cars, automobile - —•• .camp trallsrs, and baskets and crates. Tlie people in the ozarks St. Louis, who look n substantial block of the stock in 1933 wlieii , •,-„ Mr. \VllEon and Mr i vm-h nn ^ *"" 8 ™<"* is me worms •••-•- X-.P.H/HOHUI.CII LIII; possiDinucs quired u"e c: nfo^ilng I eros,"' most ^"Berous CT p C nt. t t s homo.Pf "uinufacturlng In the home and Early this yeai Mr Lvnrl, S -', ", Im!lu ' but Afrlca is "presenl- p™ "a™ examples of possibilities _ j snis jeai Mr. Ljnch und M | by several distinct species ol j of enterprising individuals In Ihc rhc U " 8 cobm ls lllc world's llfavc demonstrated the possibilitie .. - " ""• " "j Jt^ii uiiu c(| Uv SC^Pl'fl' others purehased Ilia slock of the cobras in nil late Mr. Wilson from his heirs 1 «"„" r 0[ Bly iheville's 1925 Bali Team- Won Fame as Cellar Champs of hardwood lumber center and it currently recognized as the center of the country's greatest cotton producing area, but It was as the home of the world's worst baseball tean) that it achieved nation-wide fame bacjt In 1925, The story of that team (Blythr- ville's last venture in organized baseball) is too sad for repetition. Suffice it to jay lhat- a world's rec- • ord of 30 consecutive defeats \\>a« imng up, a mark at which cellar en Icher, (When he stopped a ball ihcv hbsed); And he always played on horseback Just to chase the balls lie missed. There was Deeks, '«[. short uii- cqualcd Either in the league or out- He had chronic rheumatism.' Partial blindness, corns and E uul He hud we needed- , cear -- ••"" ^.cij-wuii" we need champions have been shooting in j <SlowneK, awkwardness rain ever since all)— and At the, risk of bringing tears to Aud llls rcc ord it was perfect the e>es of the faithful fam of n Fm ' '>e never caught a ball! years a^o we rrnrint. n hu nr ,.r— r .. . we rcp'rln't a'bfl'of verse from the sun Dial column of the There was Jlggerboom nl New York Sun, inspired by t'n ' """ - • - • ' :ond, tensive production of 'bauxite „ current production is less than halt lhat of 1929. The presence ot bauxite may lead to the development of chemical and abrasive industries in the state. "There arc possibilities in (ur- llier development of the limestone i ,,,„„, h , deposits and glass sands in the . ; .uaiiichook, our star lelt fielder— I manufacture of glass, of the chalk W^team^^h^ ^^ -'" lh =-™^ure - \Vlisa ) K f a ij e(( to.uiufT a fly. team's uneciualled record: Well, boys, the seasons over And no flag']; be unfurled, But for baseball most consistent it i "•us-.* WUI1I uv. s(;tu , Whom we had lo send away— ; He crew careless ami indiM'rent ] Once and made a double play! manufacture of wooden parts for Tnreshlng mnchiiics, boivs nnd arrows, baseball bats, nshing poles, and many other accessories. "Our oak is admirably suited for furniture and flooring, c.uni is used extensively In furniture veneers and interior llnlahes. qottonwood ; Is adapted for 'veneers, crates and baskets. Elm Is "suitable for the manufacture of wooden heels nnd many other specialties. 1'ccllric In Value of Minerals "Although. In 1925 our mineral products were valued at ow<r iS7- 000,000, In 1333 this value was not and gas Is still active, coa for oil and gas Is still active, co->i mines are being enlarged, cinnabar mines arc being developed, and tncre appears to ba a possibility that mining operations \v|Il be resumed in the lead and zinc fields of North Arkansas, with an improvement iu genera) conditions, the demand for aluminum will probably be followed by more ex- "Old Reliable," they called us, 'As we played each circuit joint; For whatever else our falling We did never disappoint.. We-was always tn there tryiu 1 I . V/ith the utmost might and ; Out ;it firs!, base Jenks was awful I When we'd everything B t slakn- i J Hough we'd fine him nnd suspend I him He would play as If uwakc- Schmldz. at third, was very loyal And an honest bird and true. ) 3m 'bout ones a year hs'd stop one In thke Iryrn', tryiu, trynr, Not to win a single game! _. .__ ' i Despite all lhat we could ao rrue, a jinx would sometimes trail j . j U5 ,. , | We ' d a nianager quite able . And vould null us on the chin. But lib (ask , v as hard to match W? imf ^,,1^ l^ l lt ? !!l , e ! F H^ PUyers who COU W " e «'»" -We just couldn't help but win. Hli tis» ball nor make a catch. But »htn such leversts happened Who am i; O h. lust a ulaver Ttootersknew we'd done our best' 'rhat they fired in the spring- i one hunitred thou- And vould overlook the. ^ v ^^ .On-(he ground ive needed rest, "Be consistent!".was the slogan Ev'ry player had rehearsed, And though slckv'aslesp or crippled , Each one always did his worst. There vas echnappi, the BSjthe. • ville pitcher— None^wllI exer See hU like. Eighleen years he twirled tot Blythevills / And he never threw a strike 1 \v"ii«n he pitched' a irval team * vould > Put a batter on each, base, For they Xnewithat nlwn he threw the Eiil ij raiglit go any' place j -» T liart sand For me as "Tiic strikeout King"). I had never ma<!e a hit in Eighteen touched times itl bal And was Just the man tl !cy vva ,Hco Host to keep their record flat. But 'twas in 3 eroocial series U'd -bean soused the nighl H°. fore). I went bad and knocked a-'nomer Ani it nearly tied the score! I'd disgraced them and they bounced • me. Uke Ule blams; Who'd gel drunk and GAME! of rock wool, of t'ne limestone deposits iti the manufacture of carbide, ol Ihe granite deposits in the manufacture ot feldspar, of Ihe sulphide deposits in ths manufacture of sulphuric acid, of the slales in Ihc manufacture of roofing materials. ol the cllica deposits In the manufacture, of washing and cleans- Ing powders, and of the clays in the manufacture of pottery The brick plants at Malvcrn. the potteries at. Benton and Camden are ot the possibilities ot "It is not generally kno»ii 'that Arkansas produces anthracite coal equal for domestic heating to that produced in Pennsylvania, and there are possibilities of lucremed. Income through the manufacture or coal briquettes. The oil refineries produce a wide variety ot products and it is likely that the asphalt will find increasing use in toe man, trfacltire of rooflns. "The recent completion of chem. ical plants in Louisiana for the manufacture of caustic scda together with the sulphur and salt In that region Indicates that tl)'e chemical development of the Southwest may lead to the establishment of any aadltional pianU hi Arkansas. Many New Manufacturing Fields "In 1933 there were approximately 820 establishments employ- Ing 26,000 people with annual j ...« w-iuk,, V) ... c bu,vvu j»tw^J*e \VJLll rtlUlUaJ couJdn't stand a player wages of over SH.000.000, nroducin? el dnmi- ,„* -nrrvr ., products valued at over 531,000,000, of wluch_ $37,000,000 was added by Three-fourlhs of all jjidujlrics employ 20 or less and pver 3 million organizations are not even Incorporated. "With business now about iicif- way up from the depression bottom ot 1033, predictions for 1035 of a i ICO per cent Increase In residential building, » 20 per cent Increase In automobile production, a '10 par cent increase In business'conditions as u whole, and large.jiuins of Idle money in (lie banks, the prospects are innumerable for men with Industry, Intelligence, and Integrity." HEULTHJCIIIflT! (Continued Prom Page i> the county! And so the immunization and sanitation program against this dreaded djsea.se lias proved Us worth, in carrying out this wo'rit an average of 10,000 complete typhoid Immunizations have been WEDNESDAY, JULY j, given annually iftics llie, unit was founded, : What Is true in typhoid fever is Irue of other diseases. Today most of I'ne school children have bach vaccinated before [toy enter school 'while in 1827 only two school dis- Irlcts j n ti, e county had any :n- forceincnt of the state law requiring every child to be vaccinated iigalml smallpox before entering (lie tot grade. The health unit affords a central office here for the reporting o communicable diseases, investigations follow and the cases are quarantined. Hairy Standards High The sanitation program works hand jn hand with other pluses of public health wort. Tlie sanitary Inspection of dairies, public water supplies mid public fo«i handling places, the. Installation ot adequate means for the- disposal of human excreta and the proper .screening of 'nous:s are Included. When the unit was founded the 'dairies of Mlssisslpp county fiad Hie lowest sanitary ratine in the slate. Close Inspections of the dairies since that time lias resulted in their reaching the top bracket A close check Is maintained on all public water- iuppll«i. Jn many Instances corrections have been ss- cured, where laboratory examinations have revealed ll)o wa.ter supply to b; polluted. " Regular Inspections are made of "II cafes .restaurants, soda fountains, meat markets, bakeries and tourist camps lo see if they are conforming with' ihe regulations of the "state- board of health, Sanftary flyproof pit privies 'nave been conslrucUid at practically all of Ihe white rural schools and many nwro schools, A project , Ww „„. tferway is ttwt of Installing these privies, throughout the sma]) towns of the. county. ^ Duly the whale has a. urgcr mouth than t'he hlpopokanius, yet bolh these animals devour only small objects, The lilppo- cats reeds and river grasses, while the w hale feeds on small crustaeeans. Flrsl National Bank Bldf, Telephone 52 JL F. LENTI & COMPANY PUBLIC ACCOUNTANTS AND AUDITORS HI,YTHEVII,I,B, ARK. PROGRESS .The Centennial Celebration of Arkansas' Statehood is an occasion that every citizen of the State should feel proud to have an opportunity of joining in the Celebration. Arkansas has made wonderful progress-during its one hundred years of statehood and is now in a position to begin 1 real constructive development. Every community is charged with a responsibility to assist in this period of constructive progress. Eastern Arkansas is particularly fortunate in having- a location for the disposal of our products through the gateways of the South and the North. Development in ^astern Arkansas is in its infancy. Our opportunity is now at hand and we should take every advantage of it : ' = 'The Farmers Bank & Trust Company, through its twenty^eight years of service to this community, has tried in every way possible, to encourage every line of endeavor that is for the upbuilding of this trade territory. We have tried to the best of our ability to furnish a complete financial service. We feel that the Bank is the'financial heart ot the community and through it must pass the life-blood of business. The life of a financial institution is representative of the- life of a community. With the whole-hearted co-operation of the public and the banking and financial institutions of Eastern Arkansas progress will come more rapidly in the future than it has in the past. We pledge every facility of the Farmers Bank & Trust Company to the carrying out of this plan and shall < endeavor to foster and support every worthy enterprise that will be of a progressive nature on a constructive basis in keeping with safe, sound and conservative banking. The FARMERS BANK & TRUST CO . Deposits Insured By The Federal Deposit Insurance Corporation Washington, D. C. $5,000 Maximum Insurance For Kach Depositor 'f -4 i> i>